Inactive Instrument

Asimilar Group Plc

Equities

YOLO

GB00BFX2VL54

Investment Management & Fund Operators

End-of-day quote London S.E. Other stock markets 07:00:00 2024-03-27 pm EDT			5-day change	1st Jan Change
0.55 ^GBX	-.--%		-.--%	-26.67%

Mar. 28	Accesso wins Saudi deal; BP Marsh backs Devonshire	AN
Feb. 29	Asimilar plans to delist from AQSE amid managed wind-down	AN

Asimilar plans to delist from AQSE amid managed wind-down

February 29, 2024 at 08:50 am EST

Asimilar Group PLC - London-based investor in technology and software sector - Calls annual general meeting for March 27, at which Asimilar will ask shareholders to approve cancellation of trading on Aquis Stock Exchange. Company is seeking an orderly realisation of its portfolio of unquoted holdings, aiming to return this to shareholders. In the meantime, it needs to cut costs to avoid having to sell illiquid investments to meet operating costs. It saved some money moving to Aquis from AIM, but says its low market capitalisation, lack of liquidity in its shares, and its share price being below its underlying net asset value, have offset the potential advantages of having its shares traded on the exchange.

Current stock price: 0.75 pence

12-month change: down from 3.375p

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Latest news about Asimilar Group Plc

Accesso wins Saudi deal; BP Marsh backs Devonshire	Mar. 28	AN
Asimilar plans to delist from AQSE amid managed wind-down	Feb. 29	AN
Asimilar to exit from AIM next week as vote passes	23-05-18	AN
Asmilar slumps as swings to full-year loss and plans AIM de-listing	23-04-24	AN
Asimilar Group Plc Auditor Raises 'Going Concern' Doubt	23-04-21	CI
Asimilar Group Plc Reports Earnings Results for the Full Year Ended September 30, 2022	23-04-21	CI
FTSE 100 Finishes Friday Up, Ending Quarter on Bright Note	23-03-31	DJ
UK GDP Growth in 4Q Encourages But Still 'Feeble'	23-03-31	DJ
Asimilar to suspend shares from trading due to audit delay	23-03-31	AN
Asimilar Group Shares Fall on FY22 Results Publication Delay	23-03-31	MT
AIM WINNERS & LOSERS: Jersey Oil in talks with North Sea "heavyweight"	23-03-31	AN
The Ibex-35 pulls back pending CPI and the ECB minutes	23-03-02	RE
Tap Global starts trading as reverse takeover by Quetzal completed	23-01-10	AN
TRADING UPDATES: Dev Clever to cancel shares; Tintra raises funds	22-12-16	AN
Earnings Flash (ASLR.L) ASIMILAR GROUP Posts Fiscal H1 Revenue GBP7,000	22-06-30	MT
Earnings Flash (ASLR.L) ASIMILAR GROUP Posts Fiscal H1 Loss GBX-8.69	22-06-30	MT
Asimilar Group Plc Reports Earnings Results for the Half Year Ended March 31, 2022	22-06-30	CI
Asimilar Group Plc Reports Earnings Results for the Full Year Ended September 30, 2021	22-03-21	CI
All Active Asset Capital Limited completed the acquisition of MESH Holdings PLC from Asimilar Group Plc and others.	21-11-30	CI
All Active Asset Capital Limited agreed to acquire MESH Holdings PLC from Asimilar Group Plc and others.	21-11-28	CI
Asimilar Group Plc Announces the Appointment of Michael Preen as A Non-Executive Director to the Board, Effective 21 June 2021	21-06-21	CI
Asimilar Group plc Reports Earnings Results for the Half Year Ended March 31, 2021	21-04-30	CI
Magic Media Works Limited announced that it expects to receive £13 million in funding from Sun Capital Partners, Inc., Asimilar Group Plc	20-12-06	CI
Asimilar Group plc Announces Board Changes	20-09-23	CI
Asimilar Group Plc acquired Intrinsic Capital Limited from Mark Horrocks.	20-08-31	CI

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Company Profile

Asimilar Group plc is a United Kingdom-based investment company. The Company invests in the technology and software sectors and continues to focus primarily on investing in businesses in the fields of big data, machine learning, telematics, and the Internet of things with content and delivery capability that engage customers, monetize the user experience, and have the potential to scale. The Company's investing policy is to invest in businesses which have management with a proven track record; ready for investment without the need for material re-structuring by the Company; injection of new finances or specialist management, the Company can enhance the prospects and therefore the future value of the investment; able to benefit from the Directors existing network of contacts and the potential to deliver returns for the Company. It is principally focused on making investments in private businesses.

Sector

Investment Management & Fund Operators

Calendar

2024-06-27 - Q2 2024 Earnings Release (Projected)

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